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Great Depression, Stock Market, and the Dust Bowl Flashcards | StudBud

Explore/Great Depression, Stock Market, and the Dust Bowl

What is an organized system for buying and selling stock called?

Why did American farmers struggle to pay their debts?

Great Depression, Stock Market, and the Dust Bowl

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Answers

1
Why did American farmers struggle to pay their debts?
farmers crops did not grow due to the panic
many farmers had borrowed money to buy new land and equipment
many farmers did not plant food due to the seed shortage
many farmers had forgotten to put their money in the bank
2
What is an organized system for buying and selling stock called?
the dust bowl
the super market
the Great Depression
the stock market
3
Who started the 2nd New Deal?
President Lincoln
President Roosevelt
President Hoover
President Nixon
4
In what year did the stock market crash?
1920
1922
1929
1979
5
Why did many small banks fail?
They did not know what they were doing
They were not big enough to compete with the big banks
small banks did not fail
people could not pay back their loans
6
What caused the Roosevelt Recession to end?
the 2nd New Deal
the start of another world war put people back to work
the stock market crash
Black Thursday
7
On what day did traders panic and sell almost 13 million shares?
today
Black Friday
Black Thursday
Thanksgiving
8
Many African American men worked in the New Deal programs?
True
False
9
True or False? Factories closed and unemployment rose as the Great Depression spread.
False
True
10
What group of people made many gains during the New Deal?
Irish Americans
African Americans
Native Americans
Chinese Americans
11
What caused the dust bowl to occur?
the stock market crash
a severe drought
People forgot to vacume due to the panic
too much rain